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Saturday, June 29, 2019

June Dividends

June was again a busy dividend month for me. 17 companies paid me a total of $42.38. Less than a year into a new house and with a baby on the way, I haven't been able to contribute as much this year. But the slow snowball continues. Last year at this time my dividends were $33.96 or a 24.8% year over year growth. Below is a list of companies that paid me.


WFC           $3.15
HBI             $1.50
ADM           $0.35
UL               $0.92
DFS             $2.00
AMGN        $1.45
TGT            $6.40
EMR           $2.45
JNJ              $1.90
O                 $3.84
CMP           $3.60
DUK           $3.71
D                 $2.75
FLO            $1.90
GM             $1.14
PEP            $3.82
BAC           $1.50

Disclosure:
Long Everything

Recent Buy ADM

I recently bought 6 shares of Archer Daniels Midland @ 40.25 per share. This agricultural company processes oil seeds, corn, wheat, cocoa and other agricultural commodities. ADM has raised its dividend for 43 consecutive years. I had originally purchased a single share of this company 2 years ago as a placeholder. Now seemed like the right time to add to the original purchase. ADM sports a healthy yield of 3.43 percent and a low payout ratio of just 40.8 percent.

The company has gotten some recent bad press about its flour recall and long term it's helped by the artificial demand created by the government for Corn Ethanol. It also received some recent bad news about a recall related to an E. Coli outbreak. Long term ADM has a global network that give it an advantage over more local and regional competitors. It is diversified. As a major processor of soybeans.

Seven of 15 analysts currently rate ADM a buy or strong buy. The one year price target is $51. The current P/E ratio is 11.45.

Disclosure Long ADM

Disclaimer

Material presented on 'Dividend Seedling' is for informational and entertainment purposes only and is the opinion of the author (a social studies teacher and not a financial advisor). None of the information should be relied on or taken as investing advice or a recommendation to invest. None of the information or opinions expressed, constitutes a solicitation of the purchase or sale of any security or investment of any kind. Please do your own research before making any investments. Do not making any purchases unless you are prepared to lose your entire investment.



Saturday, June 1, 2019

May Dividends

Definitely an exciting May. Eleven companies paid me a total of $43.96. This is a record month for me. Last May I earned a total of 23.98 so it feels great to be able to nearly double that total. I wish I had more to invest. But it's nice seeing steady progress towards my goals.



T:         $12.24
GIS:     $ 5.39
CVS:    $ 6.00
ABBV: $ 4.28
O:         $ 3.84
KMI     $1.50
CAT     $1.72
DAL    $1.40
SBUX  $2.88
WELL  $4.35
INN      $0.36

Tuesday, May 7, 2019

Recent Buy WFC

Today I purchased 5 shares of WFC at 47.94 per share for a total of 239.70. I had been long looking at Wells Fargo. And today I had a chance to lower my cost basis and pickup a banking giant with 7 years of dividend growth a 3.82% yield and only a 39.4 percent payout ratio. WFC is down 20.76 off its 52 week high. 12 of 30 Financial analysts currently rate WFC as a buy or strong buy. Sure the company the company isn't without risk. It has a lot of mortgage exposure and is recovering from scandals. The company is also without a CEO. But overall their financials are solid. The current value mitigates the risk. I'm very happy with this purchase at the price I got it at. My forward dividends are now $365.46. Slowly but surely this is starting to turn into real money.

Disclaimer

Material presented on 'Dividend Seedling' is for informational and entertainment purposes only and is the opinion of the author (a social studies teacher and not a financial advisor). None of the information should be relied on or taken as investing advice or a recommendation to invest. None of the information or opinions expressed, constitutes a solicitation of the purchase or sale of any security or investment of any kind. Please do your own research before making any investments. Do not making any purchases unless you are prepared to lose your entire investment.

Disclosure Long WFC.

Tuesday, April 30, 2019

April Dividends

April has always been a slow month for me for dividends. This year is no different. Perhaps I will look to add some April payers in the future to have a little balance. Two companies paid me a total of $5.49. Below is a list of April dividend payers. I'm up 26 cents from last year thanks to dividend increases.


O:             $3.84
TIF:          $1.65

Disclosure:

 Long O & TIF

Disclaimer



Material presented on 'Dividend Seedling' is for informational and entertainment purposes only and is the opinion of the author (a social studies teacher and not a financial advisor). None of the information should be relied on or taken as investing advice or a recommendation to invest. None of the information or opinions expressed, constitutes a solicitation of the purchase or sale of any security or investment of any kind. Please do your own research before making any investments. Do not making any purchases unless you are prepared to lose your entire investment.

Thursday, April 4, 2019

Recent Buy CVS

I recently grabbed 4 shares of CVS at $52.60. It hasn't raised its dividend, but I like the direction the company is going in. I believe the acquisition of Aetna will make CVS extremely competitive long term. I love the value right now. While they didn't raise their dividend in over a year, they still have room to grow with a payout ratio of just 28.4% and a competitive dividend yield of 3.75%. This is my second consecutive buy of CVS. This time at $10 less per share. Do I have some concerns about Amazon and other online competitors? Of course. I do believe the company is taking the right steps to remain relevant. So do 15 of 24 analysts to recommend them as a buy or strong buy. The 1 year price target is $75.78.

Disclosure
Long CVS

Disclaimer

Material presented on 'Dividend Seedling' is for informational and entertainment purposes only and is the opinion of the author (a social studies teacher and not a financial advisor). None of the information should be relied on or taken as investing advice or a recommendation to invest. None of the information or opinions expressed, constitutes a solicitation of the purchase or sale of any security or investment of any kind. Please do your own research before making any investments. Do not making any purchases unless you are prepared to lose your entire investment.

Sunday, March 31, 2019

New addition

With one of my children out of daycare this was going to be the start of ramping up my savings towards an early retirement for the family. Then my wife and I decided to try for another child. We are blessed to have No. 3 on the way. Financially this is a setback in terms of early retirement. But I wouldn't trade the gift of a third child for anything. I will have to make some small revisions to my long term retirement goals, but I'm looking forward to what the future will bring.

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June Dividends

June was again a busy dividend month for me . 17 companies paid me a total of $42.38. Less than a year into a new house and with a baby on t...